homes and luxury developments in this area offers a high return if you can get

it at a reasonable price.

Lend your cash with peer-to-peer organisations

Peer-to-peer lending can be a great way to earn some extra money by helping

out other businesses. This scheme sees you lend money to people who often

can’t use traditional methods of finance. You can earn favourable rates from

this type of lending; however, it isn’t without its risks. So be sure to do your

homework first before committing.

Invest in stocks and shares

Investing your money in stocks and shares can be a challenging task. You

need to think about where you’d like to invest and consider the possible returns

you could get. As with anything that offers good returns, there is always an

element of risk, and even the most experienced of investors lose money now

and again. This type of investment can, however, give you some high returns,

but it is always advisable to do your research and potentially seek advice

before leaping in.

Start a business or invest in an organisation

If you have some spare cash, why not start a business or invest in one. This is not only a great way to make some money from your savings, but it also offers the opportunity to share your skills and contribute to a fledgling business idea. You could also take the leap into a completely different industry than you have expertise in to broaden your horizons and also gain experience in another field.